Rising Popularity of eSports in the iGaming Industry
Betting sites have recently expanded their offerings to include esports betting. For those unfamiliar with esports, the concept can be confusing; however, in today’s world, computer games continue to reign supreme as the most popular form of entertainment. The growing interest in the gaming industry has resulted in the formation of leagues between certain video games that host competitions strictly based on tournament logic. This gave birth to the concept of esports, where leading companies organize such events and computer gamers take part not as individuals, but as teams that are put together by experts and then compete against each other.
Betting on esports involves making predictions on these matches, just as many sports fans enjoy betting on virtual sports, which provide realistic simulations of sporting events such as soccer or motorcycle racing, where each outcome is generated from random numbers, so you can bet knowing that they are fair and unbiased representations. Given the high odds for esports betting or when participating in casino games through trusted platforms: these ensure that users always receive fair results, thus acting like real esports match simulations and offering typical markets for betting. Betting skillfully during virtual esports events is no different from betting on football or NBA competitions, as no one can know the future outcomes regarding various betting options whose results are unknown: everyone’s chances are equal, which means that more profitability will be involved in this type of betting compared to other gambling games. In today’s article, we will examine the rising popularity of esports in the iGaming scene.
About Esports
Do you know the journey of esports, one of the most preferred types of bets on Best Crypto Sports Betting Sites today? The first recorded esports competition in history was a small-scale tournament for the game Spacewar at Stanford University on October 19, 1972. However, it wasn’t until the Space Invaders Championship organized by Atari in 1980 that esports took its place worldwide. the first major event; more than 10,000 participants from all over the United States participated in this competition. In the 1990s, computer games began to gain popularity as the internet became widespread. A notable esports event from this period was the Nintendo World Championships in California, which was also replicated in the simultaneous World Gaming Championships co-hosted by Blockbuster Video and GamePro magazines in the early 90s.
The late 90s saw tournaments such as the Cyberathlete Professional League, QuakeCon and the Professional Gamers League being organized as a precursor to what was to come. As we step into the new millennium, initially marked by economic crises but soon boosted by the widespread adoption of broadband, spearheaded by South Korea, where unemployed individuals in particular turned to gaming, paving the way for the explosive growth of the esports industry, we have begun to witness golden times, with phenomenal growth in both audience numbers and prizes awarded through successful events since its inception around 2010: whereas in 2000 alone there were only ten such competitions, there are now over two hundred and sixty events held each year including world-class tournaments such as World Cyber Games, Internal Extreme Masters and Major League Gaming.
Coming Towards The Present
Online streaming services came into the limelight at the time as watching esports competitions became a breeze on these online channels, contributing to the growing curiosity surrounding esports. When Twitch first burst onto the scene in 2011, it paved the way for regular streaming of major esports competitions; in the international tournament, Twitch reached a milestone of 4.5 million viewers in a single day, with each viewer devoting an average of two hours to watching the event. America took the lead in 2013 by recognizing esports players as collegiate athletes, with universities such as Robert Morris University and the University of Pikeville offering sports scholarships, among other benefits available to other athletes.
In 2013, Season 3 of the League of Legends World Championships at the Staples Center was well attended and sold out. In 2014, attendance at the League of Legends World Championships in Seoul exceeded 40,000 fans and featured a performance by world-renowned music group Imagine Dragons. As a result, Santa Ana, California saw the opening of its first esports arena in 2015. After all these developments, the opportunity to bet on almost every game with a tournament has emerged. No wonder such highly enjoyable games are rising on the iGaming scene!